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Kevin O'Leary Says Nvidia, AMD Still Win Under Trump China Plan Despite 15% 'Form Of Blackmail' Levy

August 15, 2025
Source: benzinga.com benzinga.com
News Snapshot:
Media personality and entrepreneur Kevin O’Leary says President Donald Trump‘s deal allowing NVIDIA Corp NVDA and Advanced Micro Devices Inc AMD to sell semiconductor chips in China under a government revenue-sharing plan is mutually beneficial. The controversial deal allows both companies to sell their advanced AI chips, the H20 and MI308, to the Chinese market while handing over 15% of the proceeds to the U.S. government. Many commentators expressed national security concerns in reaction to the agreement as both countries race to develop artificial intelligence. O’Leary, a contributor for CNN and supporter of Trump, appeared on the network on Monday...
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China Tech Buzz Topics: agreement | AI | AMD | America | artificial intelligence | Canada | cash | China | Chinese | chips | CNN | development | Donald Trump | Economy | entrepreneur | export | Exports | government | Huawei | IT | Korea | media | national security | network | New York

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